Sri Lanka’s Public Utilities Commission has approved another rise in electricity tariffs, marking the third increase this year. Households using more than 180 units per month will face an 18% jump. The regulator says 95% of consumers will be unaffected, and it ordered the National Systems Operator to exclude coal costs from future tariff revisions.
The Supreme Court ruled that electricity consumers are not liable for tariff charges tied to a power plant that has stopped supplying electricity. Restoring an earlier order against Tata Power Delhi Distribution Ltd., the court held that consumers should not be forced to bear costs of plants that are no longer operational. The decision is a major relief for power consumers facing legacy tariff claims.
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Global supply disruptions are driving an oil shock that could push up electricity costs in India, a report by ISI Markets warns. It points to a strong connection between fossil fuel price moves and India’s power tariffs, suggesting higher fuel expenses may quickly translate into more expensive electricity for consumers.
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